The Ally Bank Savings Account is a high yield online savings account. Ally is built on the foundation of GMAC financial services. They have 24/7 customer service to make themselves available anytime you require assistance. Ally have a special feature that you can set up and they call it “sleeping money alerts” where you can receive an email alert with savings suggestions. Another great benefit is that you receive daily compounded interest.

Ally Bank’s high yield savings account has low fees, no minimum balance and online security guarantee. You can open with 0 usd if you want because there is no minimum deposit required. Ally bank will not charge you a fee if your balance dips too low. The have been FDIC insured since August 2nd, 2004 under FDIC Certificate 57803.

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